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British Virgin Islands (2005)

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British Virgin Islands 2005 year

 British Virgin Islands
Administrative divisions none (overseas territory of the UK)
Age structure 0-14 years: 21% (male 2,400/female 2,358)

15-64 years: 73.9% (male 8,607/female 8,115)

65 years and over: 5.1% (male 614/female 549) (2005 est.)
Agriculture - products fruits, vegetables; livestock, poultry; fish
Airports 3 (2004 est.)
Airports - with paved runways total: 2

914 to 1,523 m: 1

under 914 m: 1 (2004 est.)
Airports - with unpaved runways total: 1

914 to 1,523 m: 1 (2004 est.)
Area total: 153 sq km

land: 153 sq km

water: 0 sq km

note: comprised of 16 inhabited and more than 20 uninhabited islands; includes the island of Anegada
Area - comparative about 0.9 times the size of Washington, DC
Background First settled by the Dutch in 1648, the islands were annexed in 1672 by the English. The economy is closely tied to the larger and more populous US Virgin Islands to the west; the US dollar is the legal currency.
Birth rate 14.96 births/1,000 population (2005 est.)
Budget revenues: $121.5 million

expenditures: $115.5 million, including capital expenditures of NA (1997)
Capital Road Town
Climate subtropical; humid; temperatures moderated by trade winds
Coastline 80 km
Constitution 1 June 1977
Country name conventional long form: none

conventional short form: British Virgin Islands

abbreviation: BVI
Death rate 4.42 deaths/1,000 population (2005 est.)
Debt - external $36.1 million (1997)
Dependency status overseas territory of the UK; internal self-governing
Diplomatic representation from the US none (overseas territory of the UK)
Diplomatic representation in the US none (overseas territory of the UK)
Disputes - international none
Economic aid - recipient NA
Economy - overview The economy, one of the most stable and prosperous in the Caribbean, is highly dependent on tourism, generating an estimated 45% of the national income. An estimated 350,000 tourists, mainly from the US, visited the islands in 1998. Tourism suffered in 2002 because of the lackluster US economy. In the mid-1980s, the government began offering offshore registration to companies wishing to incorporate in the islands, and incorporation fees now generate substantial revenues. Roughly 400,000 companies were on the offshore registry by yearend 2000. The adoption of a comprehensive insurance law in late 1994, which provides a blanket of confidentiality with regulated statutory gateways for investigation of criminal offenses, is expected to make the British Virgin Islands even more attractive to international business. Livestock raising is the most important agricultural activity; poor soils limit the islands' ability to meet domestic food requirements. Because of traditionally close links with the US Virgin Islands, the British Virgin Islands has used the dollar as its currency since 1959.
Electricity - consumption 33.74 million kWh (2002)
Electricity - exports 0 kWh (2002)
Electricity - imports 0 kWh (2002)
Electricity - production 36.28 million kWh (2002)
Elevation extremes lowest point: Caribbean Sea 0 m

highest point: Mount Sage 521 m
Environment - current issues limited natural fresh water resources (except for a few seasonal streams and springs on Tortola, most of the islands' water supply comes from wells and rainwater catchments)
Ethnic groups black 83%, white, Indian, Asian and mixed
Exchange rates the US dollar is used
Executive branch chief of state: Queen ELIZABETH II (since 6 February 1952), represented by Governor Tom MACAN (since 14 October 2002)

head of government: Chief Minister Orlando D. SMITH (since 17 June 2003)

cabinet: Executive Council appointed by the governor from members of the Legislative Council

elections: none; the monarch is hereditary; governor appointed by the monarch; following legislative elections, the leader of the majority party or the leader of the majority coalition is usually appointed chief minister by the governor
Exports 0 kWh (2002)
Exports $25.3 million (2002)
Exports NA
Exports - commodities rum, fresh fish, fruits, animals; gravel, sand
Exports - partners Virgin Islands (US), Puerto Rico, US
Fiscal year 1 April - 31 March
Flag description blue, with the flag of the UK in the upper hoist-side quadrant and the Virgin Islander coat of arms centered in the outer half of the flag; the coat of arms depicts a woman flanked on either side by a vertical column of six oil lamps above a scroll bearing the Latin word VIGILATE (Be Watchful)
GDP - composition by sector agriculture: 1.8%

industry: 6.2%

services: 92% (1996 est.)
GDP - per capita purchasing power parity - $38,500 (2004 est.)
GDP - real growth rate 1% (2002 est.)
Geographic coordinates 18 30 N, 64 30 W
Geography - note strong ties to nearby US Virgin Islands and Puerto Rico
Highways total: 177 km

paved: 177 km

unpaved: 0 km (2000)
Household income or consumption by percentage share lowest 10%: NA

highest 10%: NA
Illicit drugs transshipment point for South American narcotics destined for the US and Europe; large offshore financial center makes it vulnerable to money laundering
Imports 0 kWh (2002)
Imports $187 million (2002 est.)
Imports NA
Imports - commodities building materials, automobiles, foodstuffs, machinery
Imports - partners Virgin Islands (US), Puerto Rico, US
Independence none (overseas territory of the UK)
Industrial production growth rate NA%
Industries tourism, light industry, construction, rum, concrete block, offshore financial center
Infant mortality rate total: 18.05 deaths/1,000 live births

male: 21.02 deaths/1,000 live births

female: 14.95 deaths/1,000 live births (2005 est.)
Inflation rate (consumer prices) 2.5% (2003)
International organization participation Caricom (associate), CDB, Interpol (subbureau), IOC, OECS (associate), UNESCO (associate), UPU
Irrigated land NA
Judicial branch Eastern Caribbean Supreme Court, consisting of the High Court of Justice and the Court of Appeal (one judge of the Supreme Court is a resident of the islands and presides over the High Court); Magistrate's Court; Juvenile Court; Court of Summary Jurisdiction
Labor force 12,770 (2004)
Labor force - by occupation agriculture NA%, industry NA%, services NA%
Land boundaries 0 km
Land use arable land: 20%

permanent crops: 6.67%

other: 73.33% (2001)
Languages English (official)
Legal system English law
Legislative branch unicameral Legislative Council (13 seats; members are elected by direct popular vote, one member from each of 9 electoral districts, four at-large members; members serve four-year terms)

elections: last held 16 May 2003 (next to be held NA 2007)

election results: percent of vote by party - NA%; seats by party - NDP 8, VIP 5
Life expectancy at birth total population: 76.49 years

male: 75.41 years

female: 77.62 years (2005 est.)
Literacy definition: age 15 and over can read and write

total population: 97.8% (1991 est.)

male: NA%

female: NA%
Location Caribbean, between the Caribbean Sea and the North Atlantic Ocean, east of Puerto Rico
Map references Central America and the Caribbean
Maritime claims territorial sea: 3 nm

exclusive fishing zone: 200 nm
Merchant marine total: 1 ships (1,000 GRT or over) 83,825 GRT/155,909 DWT

by type: cargo 1

registered in other countries: 7 (2005)
Military - note defense is the responsibility of the UK
National holiday Territory Day, 1 July
Nationality noun: British Virgin Islander(s)

adjective: British Virgin Islander
Natural hazards hurricanes and tropical storms (July to October)
Natural resources NEGL
Net migration rate 10.01 migrant(s)/1,000 population (2005 est.)
Political parties and leaders Concerned Citizens Movement or CCM [Ethlyn SMITH]; National Democratic Party or NDP [Orlando SMITH]; United Party or UP [Gregory MADURO]; Virgin Islands Party or VIP [Ralph T. O'NEAL]
Political pressure groups and leaders NA
Population 22,643 (July 2005 est.)
Population below poverty line NA
Population growth rate 2.06% (2005 est.)
Ports and harbors Road Town
Radio broadcast stations AM 1, FM 5, shortwave 0 (2004)
Religions Protestant 86% (Methodist 33%, Anglican 17%, Church of God 9%, Seventh-Day Adventist 6%, Baptist 4%, Jehovah's Witnesses 2%, other 15%), Roman Catholic 10%, none 2%, other 2% (1991)
Sex ratio at birth: 1.02 male(s)/female

under 15 years: 1.02 male(s)/female

15-64 years: 1.06 male(s)/female

65 years and over: 1.12 male(s)/female

total population: 1.05 male(s)/female (2005 est.)
Suffrage 18 years of age; universal
Telephone system general assessment: worldwide telephone service

domestic: NA

international: country code - 1-284; submarine cable to Bermuda
Telephones - main lines in use 11,700 (2002)
Telephones - mobile cellular 8,000 (2002)
Television broadcast stations 1 (plus one cable company) (1997)
Terrain coral islands relatively flat; volcanic islands steep, hilly
Total fertility rate 1.72 children born/woman (2005 est.)
Unemployment rate 3% (1995)
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